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Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Sentiment improved regarding manufacturing lead times, although they remain at elevated levels. “Of the six biggest manufacturing industries, three — Transportation Equipment; Food, Beverage & Tobacco Products; and Petroleum & Coal Products — registered growth in August. Unclear if this is an inventory correction.

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Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Manufacturing lead times clearly improved in the month. Supply chains are prepared and eager for growth, as panelists’ comments and the data support reduced lead times for their companies’ more important purchases. Supply shortages are limited to select items only.

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Stronger together: WA Super Branch supports national supply network

Manufacturer's Monthly

Being centrally located in Perth with representatives who are on the road and liaising face-to-face with customers, Burgess’ team can minimise the impact of blown out lead times, or offer alternative solutions based on expert knowledge of parts. But that doesn’t mean we don’t try to be proactive with our customers.

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers’ Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies.